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Statista reports that the projected expenditure for affiliate marketing in the United States alone was expected to reach $8.2 billion in 2022, up from $7.4 billion in 2021. From only $2.5 billion in 2012, the spending for affiliate marketing has continued to increase year by year, which suggests that more businesses are incorporating affiliate marketing in their campaigns.
The upward trend is projected to surge further with affiliate marketing spending anticipated to reach an impressive $13 billion by the end of 2023.
